题目
ECON 2002.01 AU2025 (21333) Midterm Exam 2- Requires Respondus LockDown Browser
单项选择题
Which of the following statements is NOT true regarding the circular flow diagram?
选项
A.The outer arrows show the corresponding flow of money in the economy.
B.The circular flow diagram illustrates how one entity’s spending becomes another entity’s income.
C.The inner arrows show the flow of real items in the economy.
D.Household spending becomes revenue to business through the resource market.
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标准答案
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思路分析
To analyze the circular flow diagram, I’ll evaluate each statement in turn and explain what the diagram shows for each.
Option 1: 'The outer arrows show the corresponding flow of money in the economy.' In the circular flow diagram, outer (often red) arrows typically represent the flow of money between sectors, such as spending, revenue, or payments. This statement is consistent with the standard depiction where money flows as payments from hous......Login to view full explanation登录即可查看完整答案
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类似问题
In a typical circular flow model, which of the following statements are true? 1. Households sell resources in the factor/resources market 2. Firms demand resources in the factor/resources market 3. Money flows from firms to households is when households pay for exports 4. Money flows from foreign economies to firms is when households pay for imports 5. Money flows from households to the financial sector is when households save some of their disposable income in their bank accounts[Fill in the blank]
In the circular flow model of a simple economy, which of the following correctly describes the flow between households and firms?
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